Every set of books has a chart of accounts, whether the owner chose it or not. Accounting software ships with a default list, and most small businesses start posting into it on day one without looking at what is in there. Two years later the owner is staring at an income statement with an account […]
A contractor came to us last spring with two numbers that would not agree. His accounting software said he had $41,000 in the bank. The bank said $28,000. He had been running the business off the software figure for four months, and he had just signed a lease on a second truck. Nothing dishonest had […]
Restaurant bookkeeping in Canada, from a former CRA auditor. Daily sales summaries, the Ontario $4.00 rebate, tips, delivery apps and inventory.
Last updated August 2026. Nobody falls three years behind on their books in one decision. It happens one busy month at a time. A quarter slips, then a season, then the software subscription lapses, and by the time somebody asks for a financial statement the whole thing feels radioactive. Owners tell us they are embarrassed […]
A former CRA auditor explains what a bookkeeper does, what an accountant does, and which one your Canadian small business needs first.
Last updated July 2026. Nobody enjoys asking this question out loud. Owners email us with a version of it almost every week, usually phrased carefully, because they are worried the answer is going to be embarrassing in one direction or the other. So here it is, plainly. A bookkeeper in Canada typically costs somewhere between […]
Every new business owner reaches the same moment. The first invoice goes out, a few expenses pile up, and suddenly there is a shoebox, a banking app, and a quiet worry that you are already doing this wrong. If that is you, take a breath. Bookkeeping sounds like a dark art, but the core of […]
